Unboxing the black box on the dimensions of social globalisation and the efficiency of microfinance institutions in Asia

IF 7.6 1区经济学 Q1 ECONOMICS

Oeconomia Copernicana Pub Date : 2021-09-27 DOI:10.24136/oc.2021.019

H. I. Hussain, Katarzyna Szczepańska-Woszczyna, Fakarudin Kamarudin, Nazratul Aina Mohamad Anwar, M. Saudi

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引用次数: 12

Abstract

Research background: Microfinance institutions (MFIs) play an important role in alleviating poverty. Thus, MFIs should be efficient in order to ensure that their objectives on social welfare and financial performance can be achieved by identifying the potential determinants, specifically on social globalisation. Purpose of the article: This paper examines the impacts of the social globalisation dimensions of interpersonal, informational, and cultural globalisations on the financial and social efficiency of MFIs. Methods: The data period covered the years 2011?2018; the data set consists of 176 MFIs from six Asian countries. The Data Envelopment Analysis (DEA) approach was employed to examine the MFIs? efficiency levels. Generalised Least Square (GLS) regressions were used to analyse the impacts of social globalisation and other determinants towards the efficiency of MFIs. Findings and value added: Interpersonal globalisation had a significantly negative correlation with social efficiency, suggesting that increasing the number of foreigners in management intrudes on local managers? decisions. Informational globalisation had a significantly positive correlation with financial and social efficiency, which signifies that more information produces monopolistic profits in this industry. Finally, cultural globalisation had a positive correlation with social efficiency, demonstrating that a global trading culture improves the abilities and technological skills for labour development and enhances MFIs? social efficiency. In general, the Cobb Douglas Production theory explained the understanding of the impacts social globalisation has on MFI efficiency. Furthermore, the findings from this study could provide important scientific, practical gap and contribute new insights and implications to various parties. Firstly, governments or policymakers can establish effective national policies and strategies. Secondly, this study could support investors in monitoring and understanding the performance of MFIs. Finally, the research could fill scholarly gaps and uncover more potential factors that influence the efficiency of MFIs.

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打开社会全球化维度和亚洲小额信贷机构效率的黑箱

研究背景:小额信贷机构(mfi)在减轻贫困方面发挥着重要作用。因此，小额信贷机构应该是有效的，以便通过确定潜在的决定因素，特别是社会全球化的决定因素，确保它们在社会福利和财政业绩方面的目标能够实现。本文目的:本文考察了人际、信息和文化全球化的社会全球化维度对小额信贷机构的金融和社会效率的影响。方法:数据期为2011 ~ 2018年;该数据集包括来自6个亚洲国家的176家小额信贷机构。采用数据包络分析(DEA)方法对小额信贷机构进行检验。效率的水平。使用广义最小二乘(GLS)回归分析社会全球化和其他决定因素对小额信贷机构效率的影响。研究结果与增值:人际全球化与社会效率显著负相关，表明管理层中外国人数量的增加会干扰本地管理者?决策。信息全球化与金融效率和社会效率显著正相关，这意味着更多的信息在该行业产生垄断利润。最后，文化全球化与社会效率呈正相关，这表明全球贸易文化提高了劳动力发展的能力和技术技能，并增强了小额信贷机构。社会效益。总的来说，柯布·道格拉斯生产理论解释了社会全球化对小额信贷机构效率的影响。此外，本研究的发现可以提供重要的科学和实践空白，并为各方提供新的见解和启示。首先，政府或决策者可以制定有效的国家政策和战略。其次，本研究可以帮助投资者对小额信贷机构的绩效进行监控和理解。最后，本研究可以填补学术空白，揭示更多影响小额信贷机构效率的潜在因素。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Oeconomia Copernicana ECONOMICS-

CiteScore

13.70

自引率

5.90%

发文量

审稿时长

24 weeks

期刊介绍： The Oeconomia Copernicana is an academic quarterly journal aimed at academicians, economic policymakers, and students studying finance, accounting, management, and economics. It publishes academic articles on contemporary issues in economics, finance, banking, accounting, and management from various research perspectives. The journal's mission is to publish advanced theoretical and empirical research that contributes to the development of these disciplines and has practical relevance. The journal encourages the use of various research methods, including falsification of conventional understanding, theory building through inductive or qualitative research, first empirical testing of theories, meta-analysis with theoretical implications, constructive replication, and a combination of qualitative, quantitative, field, laboratory, and meta-analytic approaches. While the journal prioritizes comprehensive manuscripts that include methodological-based theoretical and empirical research with implications for policymaking, it also welcomes submissions focused solely on theory or methodology.